“It is a well thought through and balanced budget with lots of 
positives. The FM has clearly set the tone to kick-start the economy with Public and Infrastructure spending whilst emphasizing the need on ease of doing business.
The reduction in the Corporate taxation gives clarity for the next four years to anyone who is investing in India and postponing the GAAR by two years clears some of the ambiguity around taxation and conveys the intent of the government to move towards a better tax regime. The increase in Service tax from 12.36 to 14% in the lead-up to GST introduction next year would avoid the feeling of steep increase of taxes on service.
The budget clearly outlines direction in devolution of power to the states and through the Jan Aadhar System, the intended subsidy benefits would directly reach the end consumers. Incentives on healthcare and encouraging savings through NPS support the common man.
Overall a bold budget and a positive step towards supporting the “Make in India” campaign. “
